'House supply cost to exceed national debt', warns chair of Land Development Authority

The cost of meeting the country’s housing deficit with the construction of 500,000 homes by 2040 will exceed the current national debt, a former secretary general of the Department of Finance has warned.

John Moran, currently chair of the Land Development Authority, told a conference organised by Engineers Ireland, that there is "a need for much more radical thinking" when it comes to the implementation of the national housing strategy.